Jun 01, 2021 07:56 PM IST
The share of corporate profit in India’s gross domestic product (GDP) hit a 10-year high of 2.69% in the last financial year.
- Mar 17, 2020 08:25 AM IST
The price of iron ore fines, which are inferior grade ore, has also been reduced by Rs 50 to Rs 2,860 per tonne.
- Dec 27, 2019 06:36 PM IST
The discovery of this mineral is crucial as it wasn’t known to mankind until now that this form of iron carbide mineral can occur in nature.
- Feb 14, 2018 06:39 PM IST
CM Manohar Parrikar said the SC ruling does not have any financial implications on Goa as the revenue earned by the state from the mining industry is a small amount.
- Apr 06, 2017 05:32 PM IST
Mines Secretary Arun Kumar said the government can bag Rs 1 lakh crore from non-coal mineral block auctions in Goa, Odisha and Karnataka in FY18.
- Jan 20, 2017 01:30 PM IST
Shindo is also president of Nippon Steel & Sumitomo Metal Corp, Japan's biggest steelmaker.
- Dec 23, 2016 05:43 PM IST
"On December 20, Japan notified the WTO Secretariat that it had requested dispute consultations with India in the dispute 'IndiaCertain Measures on Imports of Iron and Steel Products'," the WTO has said.
- Dec 17, 2016 03:16 PM IST
Mahindra & Mahindra today said one of its arms has formed a joint venture with state-owned MSTC for scrapping of old automobiles and other white goods.
- Dec 02, 2016 03:52 PM IST
The government has received representations from the steel industry to increase the import duty, he said.
- Nov 03, 2016 03:24 PM IST
Men may be not from Mars but they are definitely not from Venus, so make sure their trips are planned with some insight.
- Aug 04, 2016 11:25 PM IST
The Directorate General of Foreign Trade (DGFT) has extended minimum import price (MIP) on 66 products of iron and steel till October 4 2016, reports CNBC-TV18.
- Jun 10, 2016 08:30 AM IST
CLSA believes that Vedanta‘s capex is set to remain low, which together with higher operating cash flows will drive strong free cash generation and meaningful deleveraging over FY17-19. It sees Vedanta‘s consolidated net debt to halve from USD 4.5 billion in FY16 to USD 2.1 billion by FY19.
- May 05, 2016 05:09 PM IST
There could be more declines on a longer-term basis. Copper and aluminium are over supplied and there should be production cuts, said Robin Bhar, Head of Metals Research, Global Markets, Societe Generale.
- Mar 14, 2016 01:22 PM IST
The price increase will be applicable on Street 750, Sportster family and Softail range of bikes in India, Harley- Davidson India said in a statement.
- Mar 11, 2016 12:42 PM IST
The comments by Ma Guoqiang, the head of state-owned group Wuhan Iron and Steel, are a stark illustration of the challenges facing Beijing as it seeks to retool the economy while avoiding social unrest - anathema to the leadership.
- Mar 08, 2016 12:32 PM IST
The rally followed losses of around 70 percent in the past three years as iron ore was hit by a global glut and weaker Chinese steel demand.
- Feb 23, 2016 03:50 PM IST
Billionaire Lakshmi Mittal-led firm reported a net loss of USD 7.9 billion in 2015 mostly because of a USD 4.8 billion writedown on iron ore mining business and a USD 1.3 billion charge on inventory due to the global steel price plunge.
- Feb 17, 2016 07:46 PM IST
Last month, Goa's mining industry body GMOEA wrote to the Prime Minister's Office, seeking to remove 10 percent export duty on iron ore fines with Fe content below 58 percent and 30 percent export duty on iron ore lumps irrespective of the grade.
- Dec 09, 2015 12:53 PM IST
The list of 44 most polluting industries include those from the leather industry, iron and steel, paper and jute.
- Nov 16, 2015 10:18 PM IST
The central government has notified the Schedule of revised All Industry Rates of Duty Drawback effective from November 23, 2015, the Finance Ministry said. Duty drawback is refund of duties on imported inputs for export items
- Oct 20, 2015 06:00 PM IST
Weak domestic steel demand and higher steel imports are likely to drag JSW Steel's July-September quarter results. The company is expected to report net loss at Rs 150 crore in Q2FY16 from a net profit of Rs 750 crore in corresponding quarter last fiscal, according to a CNBC-TV18 poll.
- Jul 20, 2015 01:17 PM IST
Indian banks have a total loan exposure of Rs 2.77 lakh crore to the steel sector. Of this, eight projects account for 54 percent of the loan book, and all the eight projects are grappling with cost overruns
- Jul 10, 2015 10:49 AM IST
In China, the CSI300 stock index was up more than 5 percent by 0421 GMT, extending gains from the previous session after the government launched measures to halt a 30 percent fall in prices since June.
- Feb 09, 2015 12:11 PM IST
Shares of SAIL fell 3 percent while JSW Steel also slipped 4 percent intraday on Monday. Goldman Sachs has downgraded JSW to neutral.
- Dec 10, 2014 04:00 PM IST
Sources tell CNBC-TV18 that the government is mulling linkage for captive power for steel, cement and iron sector. The government will be putting out a norm in the bid document for the upcoming coal block auctions.